1666 Ridgeview DrWickliffeOH44092
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Wickliffe at 1666 Ridgeview Dr, Wickliffe, OH, 44092 offers a 11.49% rental yield on a $194,900 purchase with $1,866/mo rent. Total monthly income registers $1,866/mo, and a $954/mo payment leaves $584/mo available for distribution. Annual cash flow reaches $7,007/yr on $64,609 to close, and return on cash invested stands at 30.75% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,847 over five years. Portfolio math shows five-year ROI at 161.5% and total cumulative return in cash at $104,343. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,866/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44092, Wickliffe, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,336 (100%) |
| Owner Occupied HU | 5,271 (63.2%) |
| Renter Occupied HU | 2,538 (30.4%) |
| Vacant Housing Units | 527 ( 6.3%) |
| Median Home Value | $188,634 |
| Average Home Value | $248,718 |
Housing Distribution
Address Breakdown
Residential
7,919
Single Family
6,436
Multi-Family
1,483
Businesses
603
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